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Mark Yusko, CEO, Founder, and Chief Investment Officer of Morgan Creek Capital Management joined Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, to discuss the FTX collapse, whether Sam Bankman-Fried was ‘money laundering’ for U.S. politicians, FTX’s links to the Ukrainian government, and the claim that SBF was a ‘useful idiot’ to take down the crypto industry.
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0:00 – SBF’s media treatment
6:26 – Fraud allegations against SBF
12:30 – SBF and Caroline Ellison as ‘useful idiots’
22:48 – Ukraine and FTX connections
24:00 – Indications of fraud
26:18 – FTX’s ‘money laundering’
29:16 – Crypto’s threat to TradFi
35:19 – Regulatory arbitrage in crypto
41:50 – FTX and contagion
#ftx #bitcoin #blockchain
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